Posted on 03/23/2014 4:35:07 PM PDT by SeekAndFind
Here's a typical college scenario: Your daughter's dream job is to be an elementary school teacher and reading specialist. Yet she'll need to dive deep into debt to pursue her undergraduate degree, and borrow more if continuing to grad school.
She's worried -- rightfully -- about her financial future, and she's looking for answers.
How much debt might she be saddled with? How much will her college degree translate into salary once she lands a job? And what budget-squeezing sacrifices might be necessary to repay the swath of loans?
Those types of questions are on the minds of countless college students. And with student loan debt now over the $1 trillion mark, there's a greater urgency for answers and successful outcomes.
A new online service called GradSense connects those costs and benefits questions with helpful data and financial planning advice.
(Excerpt) Read more at chicagotribune.com ...
“Let’s just give everybody As then.”
What I proposed has nothing to do with that. It’s just the opposite. With competency testing, if you don’t know it, you don’t get credit for knowing it. You graduated from Harvard, but can’t pass the competency test - you don’t get credit for a degree in that area.
Oh, I do. There's no need to shovel through four years of 'higher education.'
Your comments have nothing to do with my point, nor the point of this article. It's as though you offered them just to counter me...
The point of the article was that they were creating a tool that would help prospective students understand what they might make in a typical job, with a degree in a particular field. Yes, there are many permutations of how this might occur, but the bottom line is that some starting point of salary must be assumed.
In fact, if I were making the tool, I'd have a variable that allowed the would-be student to select a career path. it might have different trajectories, such as slacker, typical, and ambitious, representing how the student might achieve different levels.
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